"If BJP has announced its prime ministerial candidate, it is good for them. At least, the voter knows who the prime ministerial candidate is,” he said.

"If you are asking me whether that will necessarily mean that there will be a sort of US-style Presidential race, then I don't think so," he said.

Moreover, there is still a while to go and many things may happen in the intervening period, Mallya said. "There are also many factors that will ultimately influence the electoral prospects of each political party, especially the big two (BJP and Congress)," he said.

Asked if he saw Modi as a better leader for the corporate sector, Mallya said the country needs a government that would address the concerns of all stakeholders.

"India is a complex country and an equally complex economy. You need a comprehensive solution, not a solution that targets only one stakeholder (the corporate world)," he said.


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